REC lends Rs 16,070 crore for Telangana power project

Hyderabad: Rural Electrification Corporation today lent Rs 16,070 crore to Telangana government for a power project.

According to a press release from the Chief Minister’s office, the loan will fund the 4,000 MW Yadadri Thermal Power Project, being set up by Telangana State Power Generation Corporation Limited (TSGENCO) at Damcharla in Nalgonda district.